Bank Lombard Odier & Co Ltd

Bank Lombard Odier & Co Ltd
corporate partnership (société en commandite par actions)
Industry Private banking
Founded 1796
Founder Henri Hentsch
Headquarters Geneva , Switzerland
Key people
Patrick Odier, Christophe Hentsch, Anne-Marie de Weck, Hubert Keller, Frédéric Rochat, Hugo Bänziger[1]
AUM CHF 164 billion (USD 185 billion)
Number of employees
2'250 (2016)
Website www.lombardodier.com

Founded in 1796, Lombard Odier is one of the largest private banks in Switzerland and Europe.[2]

Overview

Lombard Odier was founded in 1796 in Geneva, where it has its headquarters. The bank, which has been a family business for seven generations, is run by its Partners. They are both owners and managers, and they are equally involved in strategy and management as well as client services.

The bank, which is present in all the world's major financial centres, has a network of 26 offices covering 19 jurisdictions and employs around 2,180 people.

Some years ago, Lombard Odier decided to accelerate the development of its private client activities in Europe, Asia and Switzerland, strengthen its asset management services, and make its technology platform available to finance professionals.

Key figures


Activities

The group is organised around three areas of activity with total client assets of CHF 224 billion.

Private clients[2]
Lombard Odier offers its private clients a range of wealth management solutions such as portfolio management under a discretionary or advisory mandate, succession planning, tax reporting, or custody services.

Asset management unit[5]
Through its branch LOIM (Lombard Odier Investment Managers), Lombard Odier offers its clients risk-based asset allocation, themed equity investments, convertible bonds, and absolute return strategies.

Technology and banking services
Lombard Odier provides clients of banking and technology services with access to its IT and operational infrastructure, as well as global custody and reporting services.

Other

As a family-run business, the bank is actively committed to the promotion, study and development of the family business model. In addition, through the Fondation Lombard Odier, the firm supports numerous philanthropic activities in the fields of innovation, entrepreneurship and the training of young people.[6]

Key Dates

See also

References

This article is issued from Wikipedia - version of the 10/5/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.